Word: sanyo
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...Nishi, 28, president of Microsoft Far East, the U.S. company's sales agent for Japan, has developed MSX, a standardized hardware and software system for small personal computers. The norms have been generally adopted by 35 companies, which include such big-name Japanese brands as Sony, Panasonic, Sanyo and Toshiba; Philips of The Netherlands has also joined up. The MSX system is designed to permit programs written for one computer to run on all of them. The machines built to the MSX specifications will be unveiled in the U.S. later this year. Some computers will come equipped with high...
...when the radical Gang of Four, including Mao's widow Jiang Qing, was toppled from power and the new leaders embarked on pragmatic policies. By now, some relaxed features of life are taken for granted: the return of romantic drama to TV, glossy billboards advertising Coca-Cola and Sanyo tape recorders, and at least a superficial measure of personal ease that came with the end of militant Maoist campaigns and marches. Still, Chinese intellectuals seriously question how much such relaxation can help to truly revitalize a country that is still poor and backward...
...potential penalties are high. The U.S. importers−such as the large retailers and the U.S. subsidiaries of Matsushita, Sharp, Sanyo and Toshiba−could be required to pay dumping duties totaling $500 million owed on $2 billion worth of sets imported since 1971. In addition, the U.S.owned retailers could face civil fraud penalties totaling $1 billion and criminal fines of $5,000 for each shipment of TVs brought in under a false import declaration. But the prospect is for a less painful out-of-court settlement. Says one Treasury lawyer: "Nobody wants to see the Government take...
...avoid paying dumping duties. This is the probe that has turned up the kickback charges. The second investigation is by the U.S. International Trade Commission. Its lawyers are checking the possibility of unfair trade practices by the Japanese (a noncriminal charge), and they have talked to officials of Hitachi, Sanyo, Sharp, Toshiba and Mitsubishi...
However, the Japanese are allowed to assemble as many sets as they wish in the U.S.-so long as American workers provide 40% of the labor required to turn them into finished products. Three big TV makers-Sony, Sanyo and Matsushita-already own U.S. plants. Two others, Toshiba and Mitsubishi, are on the verge of opening production facilities in the U.S., which will, of course, create jobs for Americans...